Palabora’s shares fall

Comment on this story
IOL BR mining PIC001 REUTERS File image: Reuters

Shares of Palabora Mining Company tumble 3.5 percent to 87.52 rand after the copper miner says all production has been halted following an accident at an underground mine early on Sunday.

The company says two workers became trapped underground at around 02:30 SA time while repairing a crusher. The first of the trapped workers was rescued at around 4:30 p.m. and is in intensive care, the company says.

Efforts continue to rescue the second worker, the company says. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines